ADYEN - 1H - Technical analysis published on 09/25/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 682.6 EUR
My targets
643.1 EUR (-1.08%)
620.8 EUR (-4.51%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 682.6 EUR remains possible. It is advisable to trade ADYEN with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 682.6 EUR. The next bearish objective for sellers is set at 643.1 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 620.8 EUR. PS: if there is a bullish break in the resistance located at 682.6 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.1
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ADYEN price is 650.1 EUR. The price has increased by +3.06% since the last closing and was between 626.9 EUR and 652.4 EUR. This implies that the price is at +3.70% from its lowest and at -0.35% from its highest.626.9
652.4
650.1
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of ADYEN indicates that the overall trend is bearish. 75.00% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 12 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of channel
Type : Bearish
Timeframe : 1 hour
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 620.8 | 643.1 | 650.1 | 682.6 | 723.6 | 763.7 |
| Change (%) | -4.51% | -1.08% | - | +5.00% | +11.31% | +17.47% |
| Change | -29.3 | -7.0 | - | +32.5 | +73.5 | +113.6 |
| Level | Intermediate | Minor | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 608.4 | 617.6 | 633.9 | 643.1 | 659.4 | 668.6 | 684.9 |
| Camarilla | 643.1 | 645.4 | 647.8 | 650.1 | 652.4 | 654.8 | 657.1 |
| Woodie | 611.9 | 619.4 | 637.4 | 644.9 | 662.9 | 670.4 | 688.4 |
| Fibonacci | 617.6 | 627.4 | 633.4 | 643.1 | 652.9 | 658.9 | 668.6 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 635.6 | 660.9 | 689.4 | 714.7 | 743.2 | 768.5 | 797.0 |
| Camarilla | 703.1 | 708.0 | 713.0 | 717.9 | 722.8 | 727.8 | 732.7 |
| Woodie | 637.2 | 661.7 | 691.0 | 715.5 | 744.8 | 769.3 | 798.6 |
| Fibonacci | 660.9 | 681.5 | 694.2 | 714.7 | 735.3 | 748.0 | 768.5 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -490.5 | 131.9 | 452.2 | 1,074.6 | 1,394.9 | 2,017.3 | 2,337.6 |
| Camarilla | 513.3 | 599.7 | 686.1 | 772.5 | 858.9 | 945.3 | 1,031.7 |
| Woodie | -641.6 | 56.4 | 301.2 | 999.1 | 1,243.9 | 1,941.8 | 2,186.6 |
| Fibonacci | 131.9 | 492.0 | 714.5 | 1,074.6 | 1,434.7 | 1,657.2 | 2,017.3 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 51.60 | |
| MACD (12,26,9): | -3.8000 | |
| Directional Movement: | 0.5 | |
| AROON (14): | 64.3 | |
| DEMA (21): | 638.3 | |
| Parabolic SAR (0,02-0,02-0,2): | 627.8 | |
| Elder Ray (13): | 6.0 | |
| Super Trend (3,10): | 629.0 | |
| Zig ZAG (10): | 650.1 | |
| VORTEX (21): | 0.9000 | |
| Stochastique (14,3,5): | 95.90 | |
| TEMA (21): | 643.8 | |
| Williams %R (14): | -7.30 | |
| Chande Momentum Oscillator (20): | 24.0 | |
| Repulse (5,40,3): | 0.9000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 1.90 |
| MA7: | 669.7 | |
| MA20: | 725.5 | |
| MA50: | 1,127.0 | |
| MA100: | 1,325.5 | |
| MAexp7: | 646.1 | |
| MAexp20: | 645.4 | |
| MAexp50: | 660.9 | |
| MAexp100: | 690.8 | |
| Price / MA7: | -2.93% | |
| Price / MA20: | -10.39% | |
| Price / MA50: | -42.32% | |
| Price / MA100: | -50.95% | |
| Price / MAexp7: | +0.62% | |
| Price / MAexp20: | +0.73% | |
| Price / MAexp50: | -1.63% | |
| Price / MAexp100: | -5.89% |
Quotes :
-
15 min delayed data
-
Euronext Amsterdam
News
Don't forget to follow the news on ADYEN. At the time of publication of this analysis, the latest news was as follows:
- DGAP-News: Adyen Expands Global Acquiring Capabilities to Malaysia
- Michael Hill Helps Customers Continue to Celebrate Life’s Special Moments
- Easi Partners With Adyen to Help Deliver Secure Payment Experiences
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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